PNN 0.00% 12.0¢ power minerals limited

Fedex, PNN has never been $1.2And the current price reflect the...

  1. 3,731 Posts.
    Fedex, PNN has never been $1.2

    And the current price reflect the seal of the Chinese deal.

    As I said, I don't what to hype the PNN's price. A couple of facts will work in its favor:

    1. Could be the first new uranium mine in Australia. It is a most advanced project, and in SA. With scope study done, customer found, fund available, etc. It should be valued at least US$30/lb for achieve such status.

    2. PNN's another hidden asset is the nickel tenements. It will be big. The bomb could be set off anytime.

    Fedex, I have discussed with you so many times, you cannot wave the EV/LB stick to bat on any uranium stocks. Uranium projects are valued differently depending on exploration and development stages.
 
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